Rapido

Rapido is a ride-hailing platform operating bike taxis in India. It recently achieved unicorn status and has transitioned its business model from a commission-driven aggregator to a zero-commission SaaS model for its driver partners. Rapido reported a significant increase in revenue in FY2022-23, surpassing Ola in daily rides in March 2024.

Buy Funded Startups lists

Funding Round: Series E

Funding Amount: $120M

Date: 29-Jul-2024

Investors: WestBridge Capital

Markets: Ride-hailing, Information Services, Logistics, Mobile Apps, Taxi Service, Transportation

HQ: Bangalore, Karnataka, India

Founded: 2015

Website: https://www.rapido.bike/

LinkedIn: https://in.linkedin.com/company/rapido-bike

Twitter: https://twitter.com/rapidobikeapp

Instagram: